MANILA, Philippines (Updated 10:46 a.m.) — Inflation unexpectedly eased in February, bringing good news for policymakers that have been struggling to control soaring prices that have forced millions of Filipinos to tighten their belts. Inflation, as measured by the consumer price index, quickened to 8.6% year-on-year last month, the Philippine Statistics Authority reported Tuesday. This was slower than the […]
Read MoreRemoving Cambodia from the ‘Money Laundering Grey List’ of the Financial Action Task Force (FATF) is a positive sign for attracting investors and foreign capital inflows, said a senior official. Director-general of Taxation at the Ministry of Economy and Finance Kong Vibol made the remarks in a dissemination workshop on income tax obligations, completion of […]
Read MoreInflation in Laos increased to 41.3% in February, according to information from the Lao Statistics Bureau (LSB). This is slightly higher than January’s inflation rate of 40.3%. Despite welcoming a slew of international visitors, the country continues to suffer from an increase in inflation rates, adversely impacting the cost of living of its residents. In February this year, […]
Read MoreBENGALURU: Malaysia’s central bank will hold its policy interest rate unchanged at 2.75% on Thursday but lift it next quarter to a cyclical peak of at least 3.00%, according to a Reuters poll of economists. In a surprise decision in January, Bank Negara Malaysia (BNM) kept its benchmark rate unchanged, citing concerns over downside risks […]
Read MoreBrunei Darussalam’s positive economic growth forecast this year takes into account recovery and economic diversification efforts especially the downstream oil and gas industry relating to Hengyi Industries Sdn Bhd, Brunei Methanol Company Sdn Bhd and Brunei Fertilizer Industries Sdn Bhd. The forecast also considers internal and external factors such as the spread of a new […]
Read MoreGlobal corporate heavyweights in the country are enjoying tax rates of between 2.75 per cent to 5.95 per cent, far lower than the GMTR of 15 per cent. The implementation of GMTR abroad would cost Việt Nam a couple of billions of dollars in tax loss every year. HÀ NỘI — As many countries plan to adopt the […]
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Thailand
